Tax Q&A

Is the widow`s pension suppose to be taxed?

I always told that I am owing SARS because of my widow pension, can you advice because SARS does not know how much must be taxed from my widow`s pension as is

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Do I charge VAT?

I am offering a service to a company that is in Durban for a whole week. My accommodation and transport costs are billed to the client. My question is that d

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Entertainment allowances exceeded

If an employee receives an entertainment allowance in advance and he goes and incurs expenses over and above the allowance and keeps records of this, what hap

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Can dependent claim Medical Aid portion they pay?

If my spouse pays her portion of the Medical Aid (and half of our child's medical aid), can she claim this back from SARS, even though I am the Main Member? O

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Car allowance for not owned vehicle

I am receiving a car allowance as I am using my own car and am a sales rep. The car is not in my name, it's in my brothers name, but I am paying him an amount

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Claiming for elderly dependants medical aid contributions - Supporting documents

My parents are both pensioners and dependent on me financially. I pay for their medical aid, while I am on another medical aid. I have included both medical a

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Learnership agreement tax deductions

I am a permanent employee at a company that trades and makes money from an aviation sector. We are a charter company basically. Am I correct in saying that if

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IRP5 banking details differ at SARS

An employee in my department had his salary paid into his wife's bank account. Upon the entity providing him with his IRP 5, he stated that the HR department

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Are contributions towards GEMS and the GEPF tax deductible for government employees?

Are contributions towards GEMS and the GEPF tax deductible for government employees? Yes they are, the pension fund contribution will be deductible against

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Claiming medical bills from SARS

I paid almost 10k in medical bills which medical aid did not cover. Yet SARS only paid me R100.00 back. Please read our blog on Medical Tax Credits for a

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Tracking progress after submitting documents

How do I track progress after submitting my documents to SARS? There is no real way, however SARS can take 21 working days to finalise an audit.

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Can I get a closer date for my pay out?

I have done my tax returns and received a pay out date. Can't it be moved forward? You should be paid within 2 days of filing your tax return if there are

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What does due by you means?

I received an email this morning it says amount due by you. What does this mean? Where did you receive the email from? Most SARS correspondence is accessed

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Submitting tax for the first time

I am submitting my tax returns for the first time. I am doing it through a tax consultant. He says SARS is now asking for proof of address, bank statement and

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Retrenchment on IRP 5

If I was retrenched and paid out, where to do I put the amount that I was paid out and how does this effect my tax return? Your employer will issue you wit

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Need my GEPF IRP5

I need my GEPF IRP5. Can GEPF fax or email me my IRP5 from them? Yes, you can contact them to request a copy of your IRP5. However, you should notice that w

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Severance payment

What are the tax implications for compensation resulting from unfair dismissal by an employer? Voluntary severance pay will be taxed normally as it is par

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Travel Allowance and take home pay

Using your tax calculator, why is the travel allowance deducted from your take home pay? I understand 80% is included for your PAYE calculation, but your trav

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Declaration of income earned overseas after I leave SA

I will be leaving SA next month to work in Canada for the foreseeable future. I would have been out if the country for more than 183 days by the end of Feb 20

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Income protection policy contributions

I have contributions to an income protection policy. The policy belongs to my employer due to the fact that we used be on basic plus benefits but we have now

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Are source codes 3601/3605 the same as 3697/3698 on my IRP5?

Why are source codes 3601 and 3605 the same as codes 3697 and 3698 on my IRP5? The 3697 and 3698 are total figures based on the different type of incomes

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How do forex traders file for tax-returns?

I am a forex trader. How do I file for tax returns, based on the profits and loses I have made? Does my profits fall under capital-gains or income from self-em

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Should monthly Child Maintenance received, be declared as part of my income?

Do I include child maintenance received monthly as part of my income? I'm a provisional tax payer, and would like to start on preparing my IRP6 due in Aug. Al

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Company and private medical aid within the same tax year.

I worked for different companies within the tax year. With one of them, I received no medical aid and so I did my own private medical aid. With the other, med

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Loss with expenses exceeding income

Started as estate agent. Have incured training and other costs which exceeds my income. I also have rental income. How do I treat / tax man will treat the lo

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